Value of a Master's Degree in Cyber Security
IT professionals pondering on a career move should heavily consider an advanced degree in cybersecurity. The demand for talent in cybersecurity exceeds the supply. According to a recent Cybercrime Report by Cybersecurity Ventures, cybercrime damages are estimated to cost the world over $6 trillion per annum by the year 2021, and cybersecurity spending is predicted to reach over $1 trillion cumulatively between 2017 and 2021.
According to Cisco, in the year 2014, there were over 1 million unfilled cybersecurity jobs across the globe, and by the year 2021, that number is expected to grow to 3.5 million. A recent survey indicates that the rate of cybersecurity unemployment is 0 percent, and it is predicted that it will remain like that for the next many years.
This is because organizations of all types and sizes, from Global 2000 corporations and Fortune 500 to small-to-midsize businesses to schools and governments across the world are falling short of cybersecurity defenders. However, the abundance of open cybersecurity roles doesn’t mean that a career in this field will come easily.
If you want to enter this field or to advance your career, then this might be the best time. However, for you to do so, you will need to be highly educated which means you will need to pursue a master’s degree.
Benefits of a Master’s Degree in Cybersecurity
Increased Education
The main reason for pursuing your master’s degree is to train you to do your job. The training you receive will correspond with the level of your education. For instance, while your bachelor’s degree may help you land on an entry-level cybersecurity job, pursuing a master’s degree will probably increase your level of job responsibility as well as the pay.
Flexibility and a Wider Range of Career Options
Apart from just opening up more job opportunities, pursuing a higher education also teaches you how to think critically and how to communicate effectively. This will greatly increase your value as an employee. The increased value will create room for advancement in cybersecurity, as well as the possibility of picking up more specialized roles.
Increased Salary
Another reason as to why you should pursue a master’s degree is the prospect of increasing your salary. It's a common practice to pair jobs with higher degrees of difficulty and knowledge with a higher salary.
Increase your Competitive Edge
While an associate or bachelor’s degree can help you get the ball rolling, your master’s degree in cybersecurity will equip you with more knowledge and experience that will help you stand out from the rest. For instance, most specialized cybersecurity jobs often require employees with a master’s degree.
Getting your masters in cybersecurity will do more than increasing your competitive edge or earning potential. Because earning a master’s degree takes time and dedication, and it forces you to grow, it could give you a strong sense of self-satisfaction and accomplishment.
Are you interested in getting ahead in cyber security? If you want to earn a Master of Science in Cybersecurity, ECPI University offers this degree at an accelerated pace. For more information, connect with a friendly admissions advisor today.
It could be the Best Decision You Ever Make!
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Gainful Employment Information – Cybersecurity - Master’s
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